Which of the following factors should be considered when determining the appropriate combination of manual techniques and computer-assisted audit techniques (CAATs) to be used during an audit? 1. Acceptance of CAATs findings by entity management. 2. Computer knowledge and expertise of the auditor. 3. Time constraints. 4. Level of audit risk.
A) 1 and 4
B) 2 and 3 only
C) 1, 2, and 3
D) 2, 3, and 4

Question

Quizplus · Accepted Answer

The computer knowledge and expertise of the auditor, time constraints, and the level of audit risk are all critical factors in determining the appropriate use of CAATs. Acceptance by management is not a primary consideration for the auditor's technique choice.

Which of the Following Factors Should Be Considered When Determining